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ALIZF Allianz Ag Muenchen Namen (PK)

290.128
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Allianz Ag Muenchen Namen (PK) USOTC:ALIZF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 290.128 284.00 288.65 0.00 12:39:12

Zhu Changhong Has Resigned as SAFE Chief Investment Officer, Agency Says

28/01/2014 7:22am

Dow Jones News


Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
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By Lingling Wei 

BEIJING--A respected official who played a key role in managing China's $3.8 trillion in foreign-exchange reserves has resigned, according to China's foreign-exchange administrator.

A representative for China's State Administration of Foreign Exchange said Tuesday that Zhu Changhong had resigned as the agency's chief investment officer. His mission at the agency was set to wrap up at the end of January, the representative said in a statement to The Wall Street Journal.

Mr. Zhu played "an important and outstanding role" in managing China's foreign-exchange reserves, the representative said. She declined to comment further.

Mr. Zhu declined to comment and referred questions to SAFE.

Mr. Zhu formerly was a senior executive at investment firm Pacific Investment Management Co., or Pimco, before joining SAFE in late 2009.

Write to Lingling Wei at lingling.wei@wsj.com

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